Industrial Output Sees 5.1% Growth in May Driven by Manufacturing
In May 2026, industrial output rose by 5.1%, surpassing the previous month's growth of 4.9%. This increase is primarily driven by a strong performance in the manufacturing sector, which saw a 5.5% rise. Additionally, the electricity and gas supply sectors contributed significantly with a 9.9% growth. The latest data from the National Statistics Office reflects a positive trend in industrial production, indicating a robust economic recovery.
| Jun 29, 2026, 17:36 IST
Industrial Production Growth Analysis
In May, industrial production experienced a growth of 5.1%, an increase from the 4.9% recorded in April, largely attributed to a robust performance in the manufacturing sector. This marks the second month of reporting based on the updated Index of Industrial Production (IIP) series. According to the National Statistics Office, the IIP indicated a year-on-year growth of 5.1% for May 2026, bolstered by a 5.5% increase in manufacturing and a significant 9.9% rise in the electricity and gas supply sectors.